Willis Lease Finance (NASDAQ:WLFC) Downgraded to Hold Rating by StockNews.com

Willis Lease Finance (NASDAQ:WLFC) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Wednesday.

Willis Lease Finance Stock Up 6.4 %

WLFC stock opened at $231.63 on Wednesday. The stock has a fifty day moving average of $153.31 and a 200-day moving average of $101.08. Willis Lease Finance has a fifty-two week low of $42.61 and a fifty-two week high of $235.43. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 16.42 and a beta of 1.06. The company has a debt-to-equity ratio of 3.95, a quick ratio of 1.28 and a current ratio of 1.80.

Insiders Place Their Bets

In related news, insider Robert J. Keady sold 1,378 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $106.66, for a total transaction of $146,977.48. Following the sale, the insider now directly owns 7,119 shares in the company, valued at approximately $759,312.54. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Willis Lease Finance news, insider Robert J. Keady sold 1,378 shares of Willis Lease Finance stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $106.66, for a total transaction of $146,977.48. Following the completion of the transaction, the insider now owns 7,119 shares of the company’s stock, valued at $759,312.54. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Brian Richard Hole sold 1,314 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $105.84, for a total transaction of $139,073.76. Following the completion of the sale, the president now directly owns 99,587 shares in the company, valued at approximately $10,540,288.08. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 37,678 shares of company stock worth $4,010,894 over the last 90 days. Corporate insiders own 57.02% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WLFC. ProShare Advisors LLC bought a new stake in Willis Lease Finance during the second quarter valued at $27,000. Innealta Capital LLC bought a new stake in shares of Willis Lease Finance during the 2nd quarter valued at about $44,000. Nisa Investment Advisors LLC bought a new stake in shares of Willis Lease Finance during the 2nd quarter valued at about $69,000. Hillsdale Investment Management Inc. purchased a new position in shares of Willis Lease Finance during the first quarter worth about $114,000. Finally, SG Americas Securities LLC purchased a new stake in Willis Lease Finance in the third quarter valued at approximately $146,000. Institutional investors own 93.70% of the company’s stock.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.